a mad week on this board22 May 2021 14:31
Had to switch off from the BB this week as the full of S**t FUD volume meter was off the scale and became illegible.
So I thought I would look into the reason for this and the psychology behind it.
When a market sector or stock attracts this much attention from trolling then for me this is a further Bullish sign in addition to all the fundamental information I have gathered which decided my initial investment and continues too.
The general purpose of any BB is for investors or potentially interested investors to interact and exchange views and information on potential direction and becomes a plethora of compiled data, views and debate which would generally assist the whole crowd in expanding their knowledge base on mass. So naturally the general view of a BB is positive towards a particular stock but any sensible opposing arguments would be welcome for debate and again may provide assisting in determining direction and profitability.
So why the troll invasion at any given time when the stock or BTC takes a drop?
I think they can be split into 3 categories
1 the paid de-ramper
Generally seem to originate from south America, suffer broken / pigeon English, have no grasp of stocks or crypto, make comical un-informed statements to evoke a reaction from the invested in order to attain a prominence on a BB for which they are rewarded financially in an effort to lower the price for an entry by an unscrupulous larger investor who recognises the potential for the stock.
Verdict – pity, as they more than likely have little money and are paid to incite nervous hands. Ignore them and do not respond so there post passes down the board quickly.
2 the Envious
This is a particular group that more than likely do not mix well in society, they are green eyed sadists who missed out on this opportunity earlier and now will spit venom to frighten investors to sell with the hope of getting there lowest possible entry and to hell with anyone they effect on the way.
Verdict – it is easy to defend their rhetoric as they have little knowledge and are unable to substantiate their ramblings.
3 the ‘Schadenfreude’ (no single English word to describe, only in German)
These people I have most concern for as they are not invested, probably have no interest to invest and their only pleasure is to revel in the pain and misfortune of others. They are no doubt very lonely and mentally disturbed and get off on the disruption they cause.
Verdict – no idea, just social outcasts.
Whichever they are, they all tend to correspond the same drivel from script claiming ‘ponzi’ and ‘bubble burst’ but will not respond to any engagement for substantiation of their view point because they are all uninformed as to this tech sector.
I have yet to see even one of these types offer up the smallest semblance of rational debate as to why they consider crypto, BTC and miners as not being a sustainable asset and solid future investment.
None of them will change my opinion.